Rameshdeposits Rs 2400 per month in a recurring deposit scheme of a bankfor one year. If he gets Rs1248as interest at the time of maturity, find therate of interest.Also,findthe maturity value of this deposit.
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Step-by-step explanation:
Ramesh deposits Rs 2400 per month
Rs 1248-2400 = 1152
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Step By Step Explanation:
Ramesh deposits Rs 2400 per month
Rs 1248 -2400 = 1152
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